If you live in Ontario, Canada and have been thinking of a city to move to, you should really consider living in Guelph, or at least buying some real estate there.
According to Money Sense Magazine, Guelph ranked as the top city in Canada to buy real estate in 2017. This was based on the health of the local economy, momentum of real estate purchases, and real estate values of nearby cities. Tons of new businesses are entering Guelph, creating lots of opportunities to get involved and help a small business grow.
The prices of real estate in Guelph are way cheaper than Toronto, and everything is so close that the local transit system should be enough to travel around town without a car. There are tons of jobs in Guelph, since the unemployment rate is one of the lowest in Canada. Start Ups are forming all the time around the city of Guelph, meaning if you are having trouble finding a job then you should definitely take a look at postings in Guelph.
A top rated REALTOR in Guelph, Kelly Caldwell, is confident that the Guelph market will continue to allow huge financial gains for people who invest now. The city’s real estate market is bound to grow quickly since everyone is taking notice, so now is the time to purchase property there.
There are constantly new student housing projects being developed near the University of Guelph as well. Purchasing a few rooms in these complexes could bring in a lot of yearly revenue if managed right. Renting may not be the easiest thing to handle, but once you find someone who helps you manage all the difficult parts you can relax and gain some passive income.
Guelph is the most advanced city in Canada in terms of research into agriculture and veterinary studies as well. If you are looking for the best animal hospitals around, definitely look into what Guelph offers. The farmers market in downtown Guelph runs every Saturday morning too, so you can get fresh produce and meats knowing they came from nearby farms in or around Guelph.
Don’t waste time thinking about investing in real estate in Toronto or the GTA, invest money in one of the fastest growing cities in Canada. Guelph is perfect for raising a family and getting a great job to settle down. The people are friendly and the food is amazing. Good luck in your real estate ventures!